Bumble Shares Shift in Pre-Market as Dating-App Overhaul Faces Key Test
Bumble Inc. shares rose nearly 6% to $3.02 in early premarket trading Thursday after a 6.25% drop Wednesday. The company holds its annual stockholder meeting at noon, following a first-quarter revenue decline of 14.1% and a 21.1% drop in paying users. CEO Wolfe Herd told Axios the app will move away from swiping, with AI-driven matchmaking set to launch in select markets in Q4. Analyst consensus remains at Hold, with no Buy ratings.